What’s the short-term future of residential real estate? We asked seven market experts.

Original article via Toronto Life Click here to read the full article.

Despite a global pandemic, house prices in the notoriously durable residential real estate market have climbed upward for the past few months, much to the disbelief of some industry insiders. After all, horrific economic conditions should precipitate a decline in an industry that relies heavily on people investing fat sums of cash, right? That said, common sense would suggest that the housing market will inevitably correct itself, flatten out to better reflect the state of the local economy. We asked seven market experts whether a housing crash is on the horizon.

 

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Image via Toronto Life

 

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